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Soros Does Europe

Updated July 21, 2006 12:01 a.m. ET

From criticizing U.S. foreign policy to defending agricultural subsidies, the European Union has no problem standing up to America. But that's apparently not good enough for George Soros. Having spent millions in a forlorn attempt to defeat President Bush in 2004, the hedge-fund billionaire is investing in another strategy to stymie the Bush Administration: bucking up the EU to become a more forceful counterweight to American power.

Amid a media blitz to promote his new book "The Age of Fallibility" -- about the...